Syria Signs $14bn Infrastructure Deals Will Revamp Damascus Airport

*Illustrative image
06.08.2025

Under the patronage of President Ahmad Al-Sharaa, Syria signed a strategic agreement led by Qatar's UCC Holding to transform Damascus International Airport. Key project details include:

  • Increasing passenger capacity to 31 million annually through a five-phase development plan.
  • A $250 million aircraft financing program to acquire up to 10 Airbus A320 aircraft for Syrian Airlines.
  • Construction of modern terminals, 32 boarding gates, and a 50 km expansion of the Airport Road.
  • Generation of over 90,000 direct and indirect jobs.The wider $14bn package also encompasses urban transportation projects, including a subway system for Damascus and major real estate developments.

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Maher Daboul
Source
Published on
06.08.2025
Keywords
Syria, Damascus International Airport, Infrastructure, Investment, UCC Holding, BOT Model, Reconstruction.

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